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that is the point; pulled up this message to point out the fallacies of buying the commodities long fund.
DXO & USO are not different, the degree of lever was 2x. USO is unsustainable, both are invested in futures (which are a form of leverage). Risk of closure increases when the December contract settles. My guess as to why Saudis are dumping WTI pricing NOW. Nothing to do with $$$USD$$$. Sentiment : Strong Sell Rating :
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